garman22
Level 13
01-31-2022
08:40 AM
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@dascpa Thanks so much for responding. I was scouring yesterday and could not "really" find any definitive answers. My thought was also through taxes/licenses. But I read "or thought" that it would be a K-1 adjustment. That really did not make much sense but then again it is congress/IRS. Deducting it through the taxes/licenses make so much more sense and yes, I agree that each state will handle it their own way. I am from Illinois and our governor passed in 08/21 the PTE.
Thanks again!!